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African Energy Chamber
Source: African Energy Chamber |

African Energy Week (AEW) 2024 Hydrogen Summit Highlights Collaboration as Key to Investments

A hydrogen summit at African Energy Week: Invest in African Energies 2024 conference explored the role hydrogen will play in the future of African energy

Africa’s abundant energy potential, coupled with Europe’s ambitious production and import goals, have resulted in the development of a burgeoning global green hydrogen economy. Africa currently has 125 GW of hydrogen capacity with major contributors including Egypt, Mauritania, South Africa, Morocco, Namibia and Kenya – a group of nations that…

African Energy Chamber

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    • Africa Global Logistics (AGL) Reaffirms Commitment to African Energy Growth at African Energy Week (AEW) 2024
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Source: African Energy Chamber |

Africa Global Logistics (AGL) Reaffirms Commitment to African Energy Growth at African Energy Week (AEW) 2024

AGL serves as a Diamond Sponsor at this year’s African Energy Week: Invest in African Energies 2024 conference, the continent’s premier event for energy development

Diamond Sponsor of this year’s African Energy Week: Invest in African Energies 2024 conference, logistics and port operations company Africa Global Logistics (AGL), has affirmed its commitment to contributing to the growth of the African energy sector. Active in 47 African countries, the company operates in energy, mining and power…

African Energy Chamber

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    • African Energy Week (AEW) 2024: Perenco Fueling Industrial Growth with Gas Projects in Cameroon
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Source: African Energy Chamber |

African Energy Week (AEW) 2024: Perenco Fueling Industrial Growth with Gas Projects in Cameroon

With multiple industrial projects planned, Perenco aims to unlock further gas reserves to support economic growth in Cameroon

During his keynote session at Africa Energy Week: Invest in African Energies 2024, Yves Postec, Managing Director of Perenco Cameroon, emphasized the transformative potential of gas in powering Cameroon's industrialization, citing the company's successful June 2024 gas delivery to Société Nationale des Hydrocarbures (SNH) as a critical milestone.   “Delivering gas…

African Energy Chamber

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    • Société Nationale des Pétroles du Congo (SNPC), State Oil Company of the Republic of Azerbaijan (SOCAR) Partner to Modernize Congolaise de Raffinage (CORAF) Refinery
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Source: African Energy Chamber |

Société Nationale des Pétroles du Congo (SNPC), State Oil Company of the Republic of Azerbaijan (SOCAR) Partner to Modernize Congolaise de Raffinage (CORAF) Refinery

Société Nationale des Pétroles du Congo and SOCAR signed a contract to modernize the CORAF refinery in the Republic of Congo during African Energy Week: Invest in African Energies 2024

Société Nationale des Pétroles du Congo (SNPC) – the national oil company of the Republic of Congo – has partnered with the State Oil Company of the Republic of Azerbaijan (SOCAR) to modernize the CORAF refinery, a key asset in Congo's energy sector. The collaboration was formalized through a contract…

African Energy Chamber

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    • Frank Kretschmer, General Manager of ExxonMobil Mozambique and Dave Campbell, Senior Vice President at bp, Mauritania and Senegal
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Source: African Energy Chamber |

ExxonMobil, bp Showcase Major African Liquefied Natural Gas (LNG) Projects at African Energy Week (AEW) 2024

ExxonMobil is targeting FID for its Rovuma LNG project in Mozambique by early 2026, while bp approaches the startup phase of the Greater Tortue Ahmeyim LNG development in Senegal and Mauritania

Global energy majors ExxonMobil and bp affirmed their commitment to oil and gas investment in Africa, expressing interest in forging new partnerships to capitalize on rising energy demand during keynote addresses at the African Energy Week: Invest in African Energies conference. ExxonMobil is currently spearheading the Rovuma LNG project in…

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    • African Resources to Catalyze Global Energy Security, Says African Energy Week (AEW) 2024 Opening Panel
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Source: African Energy Chamber |

African Resources to Catalyze Global Energy Security, Says African Energy Week (AEW) 2024 Opening Panel

With energy demand projected to increase more than 50% between 2020 and 2050, Africa is strategically positioned to meet global energy needs while driving its own socioeconomic development

Global energy demand is anticipated to increase 27% by 2040, with fossil fuels projected to account for the lion’s share of the world’s energy mix beyond 2050. Meeting this demand will require alternative energy supplies, and Africa, with over 125 billion barrels of proven oil reserves and 620 trillion cubic…

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    • Afreximbank Signs Landmark Deals at African Energy Week (AEW) 2024
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Source: African Energy Chamber |

Afreximbank Signs Landmark Deals at African Energy Week (AEW) 2024

The African Export–Import Bank signed several financing agreements at African Energy Week: Invest in African Energies, alongside a partnership renewal between the African Energy Chamber and S&P Global Commodity Insights

The African Export–Import Bank (Afreximbank) signed multiple landmark deals at the African Energy Week: Invest in African Energies deal-signing ceremony in Cape Town on Tuesday.  Among these was a $100-million revolving back-to-back letter of credit facility for oilfield equipment provider JE Energy Ltd. The facility is designed to finance the…

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    • NJ Ayuk, Executive Chairman, African Energy Chamber and Andy Inglis, Chairman & CEO of Kosmos Energy
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Source: African Energy Chamber |

Kosmos Energy Talks Maximizing Africa’s Gas Potential at African Energy Week (AEW) 2024 Opening

Andy Inglis, Chairman & CEO of Kosmos Energy, emphasized Africa's deep gas potential and the need for stability, stakeholder alignment and cost-effective strategies to advance new oil and gas projects

Kosmos Energy highlighted the untapped potential of Africa’s "deep gas resources" and strategies to maximize this potential during the opening ceremony of African Energy Week (AEW): Invest in African Energies 2024. The deepwater exploration and production company is actively involved in several major oil and gas projects across Africa, focusing…

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    • African Energy Week (AEW) 2024 Opens in Cape Town with Clarion Calls to Drill, Invest and Drive Projects Forward (1)
    • African Energy Week (AEW) 2024 Opens in Cape Town with Clarion Calls to Drill, Invest and Drive Projects Forward (2)
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Source: African Energy Chamber |

African Energy Week (AEW) 2024 Opens in Cape Town with Clarion Calls to Drill, Invest and Drive Projects Forward

The Kosmos Energy-sponsored opening ceremony at AEW: Invest in African Energies 2024 featured remarks from industry leaders and African energy ministers

The African Energy Week (AEW): Invest in African Energies 2024 conference officially opened with calls from the industry to ‘drill baby drill.’ Citing the need to enhance climate justice through the development of domestic energy resources, industry leaders from across the continent underscored the need to sign deals, foster partnerships…

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    • Africa: The Last Frontier for New Discoveries Through 2060, Says Rystad
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Africa: The Last Frontier for New Discoveries Through 2060, Says Rystad

A technical workshop held at African Energy Week: Invest in African Energies 2024 hosted experts from Rystad Energy, Africa Finance Corporation and Afentra to discuss Africa’s oil and gas growth potential

Africa will host the majority of new oil and gas discoveries over the next 30 years compared to other regions, according to Per Magnus Nysveen, Senior Partner and Head of Analysis at energy intelligence firm, Rystad Energy.  In a panel discussion held at the Pre-Event Workshop Day during the African…